150. (1) Where a holder does not, within the period allowed under section 149(1), appeal to the High Court against a decision under section 147(4)(a) by the MARA to impose a major sanction on the holder, the MARA shall, as soon as is practicable after the expiration of that period and on notice to the holder, make an application in a summary manner to the High Court for confirmation of the decision.

(2) The High Court shall, on the hearing of an application under subsection (1), confirm the decision under section 147(4)(a) the subject of the application unless the Court considers that there is good reason not to do so.